Lebanon, IN Cost Of Living

The latest cost of living statistics for Lebanon. Includes statistics on rent, mortgages, healthcare, and other costs for Lebanon compared to the state and national averages.

Cost of living in Lebanon, Indiana

Cost of living in Lebanon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lebanon is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

89 Cost of living index 0.9x lower vs US
#62 Cheapest in Indiana (of 129)
#897 Cheapest in the U.S. (of 6,489)
$299,031 Median home value
$962 Median rent
$65,154 Median income
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What is the cost of living in Lebanon, IN?

According to the most recent data on the cost of living, Lebanon has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Indiana, Lebanon has a cost of living index that's 1.0x lower than Indiana's index of 90.

The standard of living in Lebanon ranks as #62 most affordable out of the 129 places we measured in Indiana. By definition, that implies Lebanon ranks as the #67 most expensive place in the Hoosier State.

For more reading on life in Lebanon, check out:

Lebanon Cost Of Living Vs. Indiana

Six factors go into calculating the cost of living index in Lebanon. Here is how it fares on each of the criteria:

  • The Services index in Lebanon is 98.

  • The Groceries index in Lebanon is 97.

  • The Health index in Lebanon is 76.

  • The Housing index in Lebanon is 99.

  • The Transportation index in Lebanon is 101.

  • The Utilities index in Lebanon is 94.

Living Expense Lebanon Indiana National Average
Overall 89 90 100
Services 98 97 100
Groceries 97 95 100
Health 76 72 100
Housing 99 98 100
Transportation 101 94 100
Utilities 94 96 100

Lebanon Cost Of Living Compared To Indiana Averages

Services
Lebanon 98
Indiana avg 97
Groceries
Lebanon 97
Indiana avg 95
Health
Lebanon 76
Indiana avg 72
Housing
Lebanon 99
Indiana avg 98
Transportation
Lebanon 101
Indiana avg 94
Utilities
Lebanon 94
Indiana avg 96

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Indiana, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Lebanon, IN Housing Cost Breakdown

$299,031Median Home Value
$962Median Rent
$65,154Median Income

Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Lebanon is $299,031.

  • The Median Rent in Lebanon is $962.

  • The Median Income in Lebanon is $65,154.

  • The Home Value To Income in Lebanon is 4.6x.

  • The Rent To Monthly Income in Lebanon is 0.18x.

Statistic Lebanon Indiana United States
Median Home Value $299,031 $254,121 $332,700
Median Rent $962 $1,062 $1,413
Median Income $65,154 $71,957 $80,734
Home Value To Income 4.6x 3.5x 4.1x
Rent To Monthly Income 0.18x 0.18x 0.21x

Lebanon, IN Costs By Category

Detailed Lebanon Services costs vs. Indiana
Item Lebanon Indiana
Shampoo $1.33 $1.28
Movie $10.91 $12.13
Bowling $18.7 $18
Haircut $19.53 $24.26
Beauty Salon $39.03 $45.56
Detailed Lebanon Groceries costs vs. Indiana
Item Lebanon Indiana
Ground Beef $5.91 $5.84
Fried Chicken $1.61 $1.57
Milk $4.73 $4.67
Potatoes $5.07 $4.93
Pizza $12.39 $12.09
Beer $10.3 $10.41
Toothpaste $3.67 $3.7
Detailed Lebanon Health costs vs. Indiana
Item Lebanon Indiana
Optometrist $73.37 $125.68
Doctor $99.19 $135.78
Dentist $109.26 $113.29
Detailed Lebanon Transportation costs vs. Indiana
Item Lebanon Indiana
Gasoline $3.39 $3.46
Tire Balancing $54.63 $59.92
Detailed Lebanon Utilities costs vs. Indiana
Item Lebanon Indiana
All Electricity $207.03 $193.99
Phone $190.02 $192.25

Lebanon SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 6/10
Affordability 8/10
Diversity 5/10
Safety 6/10
Amenities 8/10
Education 7/10
Commute 8/10

Cost Of Living In Cities Around Lebanon

The cost of living varies in the cities and towns around Lebanon. Here's a quick look at the cost of living in the most populous nearby places:

  • Carmel, IN has a cost of living index of 117, 1.3x Lebanon.

  • Westfield, IN has a cost of living index of 112, 1.3x Lebanon.

  • Zionsville, IN has a cost of living index of 122, 1.4x Lebanon.

City Population Cost Of Living Vs. Lebanon
Carmel, IN 101,651 117 1.3x
Westfield, IN 54,677 112 1.3x
Zionsville, IN 32,095 122 1.4x
Brownsburg, IN 31,215 102 1.1x
Avon, IN 23,437 103 1.2x
Frankfort, IN 15,917 86 1.0x
Danville, IN 11,714 95 1.1x